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SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 02 nd Aug 2019 Global Market: Wall Street fell again on Thursday, abruptly reversing early gains after U.S. President Donald Trump put concerns about the US-China trade war back in the spotlight, tweeting that he would impose an additional 10% tariff on $300 billion in Chinese imports. The Dow Jones Industrial Average fell 280.85 points, or 1.05%, to 26,583.42, the S&P 500 lost 26.82 points, or 0.90%, to 2,953.56 and the Nasdaq Composite dropped 64.30 points, or 0.79%, to 8,111.12. Asian Market: Global stocks including the ones in Asia took another beating on Friday while investors piled on to safe-haven assets after US President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports from next month. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.51% to its lowest level since mid-June while Japan's Nikkei tumbled 1.91%. Trends on SGX Nifty indicate a negative opening for the broader index in India, a with 0.46 percent loss or 50 points. Nifty futures were trading around 10,966-level on the Singaporean Exchange. TATAMOTORS Sell in the range of 128.50 & Upto 129.50 for the Target of 121 with the SL of 134 On a daily chart, the stock has given a breakdown of its previous support which shows southward move in the counter. Momentum indicator RSI reading is at 32.84 level with a negative crossover which points out for a negative breath in the counter. So for trading perspective, one could Sell in the range of 128.50 & Upto 129.50 for the Target of 121 with the SL of 134. Stock/Sector - News Global Update Bharti Airtel Q1: Consolidated net loss at Rs 2,866 crore versus profit of Rs 107.2 crore, revenue rises 0.7 percent to Rs 20,737.9 crore versus Rs 20,602.2 crore QoQ; India wireless EBIT loss at Rs 1,242 crore EBIT loss of Rs 1,377.8 crore and average revenue per user rises 5.1 percent to Rs 129 versus Rs 123 QoQ. Raymond Q1: Loss at Rs 14.85 crore versus profit of Rs 0.02 crore, revenue rises to Rs 1,435.12 crore versus Rs 1,250.66 crore YoY. Dhampur Sugar Mills June quarter: Profit rises to Rs 58.5 crore versus Rs 32.25 crore, revenue increases to Rs 937 crore versus Rs 734.4 crore YoY. Trade for Today

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Page 1: Morning Tea - cms.jiffy.in€¦ · SEBI Registered – Research Analyst * Please Refer Disclaimer on Website Morning Tea Contact Us @choiceindia.com Disclaimer This is solely for

SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website

Morning Tea 02nd Aug 2019

Global Market: Wall Street fell again on Thursday, abruptly reversing early gains after U.S. President Donald Trump put

concerns about the US-China trade war back in the spotlight, tweeting that he would impose an additional 10% tariff on $300 billion in Chinese imports.

The Dow Jones Industrial Average fell 280.85 points, or 1.05%, to 26,583.42, the S&P 500 lost 26.82 points, or 0.90%, to 2,953.56 and the Nasdaq Composite dropped 64.30 points, or 0.79%, to 8,111.12.

Asian Market: Global stocks including the ones in Asia took another beating on Friday while investors piled on to safe-haven

assets after US President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports from next month.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.51% to its lowest level since mid-June while Japan's Nikkei tumbled 1.91%.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a with 0.46 percent loss or 50 points. Nifty futures were trading around 10,966-level on the Singaporean Exchange.

TATAMOTORS Sell in the range of 128.50 & Upto 129.50 for the Target of 121 with the SL of 134 On a daily chart, the stock has given a breakdown of its previous support which shows southward move in the counter. Momentum indicator RSI reading is at 32.84 level with a negative crossover which points out for a negative breath in the counter. So for trading perspective, one could Sell in the range of 128.50 & Upto 129.50 for the Target of 121 with the SL of 134.

Stock/Sector - News

Global Update

Bharti Airtel Q1: Consolidated net loss at Rs 2,866 crore versus profit of Rs 107.2 crore, revenue rises 0.7 percent to Rs 20,737.9 crore versus Rs 20,602.2 crore QoQ; India wireless EBIT loss at Rs 1,242 crore EBIT loss of Rs 1,377.8 crore and average revenue per user rises 5.1 percent to Rs 129 versus Rs 123 QoQ.

Raymond Q1: Loss at Rs 14.85 crore versus profit of Rs 0.02 crore, revenue rises to Rs 1,435.12 crore versus Rs 1,250.66 crore YoY.

Dhampur Sugar Mills June quarter: Profit rises to Rs 58.5 crore versus Rs 32.25 crore, revenue increases to Rs 937 crore versus Rs 734.4 crore YoY.

Trade for Today

Page 2: Morning Tea - cms.jiffy.in€¦ · SEBI Registered – Research Analyst * Please Refer Disclaimer on Website Morning Tea Contact Us @choiceindia.com Disclaimer This is solely for

SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website

Morning Tea 02nd Aug 2019

NIL.

Security in Ban

Bulk Deal

Results: ABCAPITAL, ACRYSIL, ALPHAGEO, ANDHRABANK, ASTRAL, BATAINDIA, BEML, BIOPAC, BIRLACORPN, BLOOM, CAMLINFINE, CAPRIHANS, CGCL, CONTCHM, DEEPAKNI, DHAMPURSUG, DLINKINDIA, DYNAVSN, ECLERX, ELDEHSG, ELGIEQUIP, EQUITAS, EXIDEIND, FGP, FILATEX, FORTISMLR, FSL, GATI, GODREJAGRO, GSPL, HDFC, HUDCO, INDPRUD, INOXLEISUR, INSECTICID, ITC, KABRADG, KASHYAP, KAYA, KLRFM, KSHITIJ, LAURUSLABS, LERTHAI, LUMAXIND, MALTC, MCDHOLDING, MERCANTILE, MFSINTRCRP, MIRCH, MMFL, NESTLEIND, NFL, NUTRICIRCLE, PARAGMILK, PEOPLIN, POLYCHEM, POWERGRID, PRESOFI, PRESSURS, RAJOIL, RICOAUTO, SAICOM, SBIN, SCANPGEOM, SICAL, SOMANYCERA, SRAMSET, STERTOOLS, STRLGUA, SUMMITSEC, SURYAROSNI, TATACOMM, TCPLPACK, TIMEX, TUTIALKA, UJJIVAN, UNIONBANK, UPSURGE, VINYLINDIA, VLSFINANCE, VMART, WESTLEIRES, XPROINDIA, ZPARICIN.

Deal Date Security Code Security Name Client Name Deal Type Quantity Price

01-08-19 500390 RELINFRA TOWER RESEARCH CAPITAL MARKETS INDIA PRIVATE LIMITEDB 1,319,622 50.02

01-08-19 500390 RELINFRA TOWER RESEARCH CAPITAL MARKETS INDIA PRIVATE LIMITEDS 1,319,622 50.09

01-08-19 540952 LAL TANVI GUPTA B 250,000 5.76

01-08-19 539225 JIYAECO RAHUL SHARMA B 162,216 50.31

01-08-19 539225 JIYAECO RAHUL SHARMA S 162,216 49.31

01-08-19 540952 LAL RISHU AGARWAL S 160,000 5.76

01-08-19 530045 TITANSEC MEGHA JAIN B 150,000 3.25

01-08-19 530045 TITANSEC AVB SHARES TRADING PRIVATE LIMITED S 146,675 3.25

01-08-19 542383 RITCO VIPUL MOHAN PATEL S 123,200 54.44

01-08-19 540952 LAL R S SERVICES PRIVATE LIMITED S 90,000 5.76

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Morning Tea

Contact Us

www.choicebroking.in [email protected]

Disclaimer This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any

financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will

not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this

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Research Team

Mr. Sumeet Bagadia Executive Director

Kkunal Parar Sr. Research Associate

Surendra Bhaskar Research Associate

Palak Kothari Research Associate

Harsha Sharma Research Associate

Diksha Mahtre Research Advisor

Karan Bhatt Research Advisor